Slvr Communities has launched its latest development, VYBE, in New Cairo’s Fifth Settlement as part of the company’s strategy to expand in Egypt’s real estate market and meet growing demand for commercial, administrative, and medical spaces, Invest-Gate reports.
Eng. Ahmed El Sewesy, Chairman of Slvr Communities, said the Fifth Settlement has become one of New Cairo’s most prominent investment destinations due to its strategic location, advanced infrastructure, and increasing occupancy. He noted that rising demand from local and international companies continues to drive the need for fully integrated service projects.
El Sewesy explained that the company decided to seize this opportunity with a project designed to meet clients’ diverse requirements through a strong strategic location, integrated investment activity, and flexible payment plans.
El Sewesy added, “The company has partnered with Hafez Consultants for the project’s design and Gateway for financial consultancy, emphasizing that these partnerships ensure high-quality implementation and project management in line with the highest standards. Additionally, Slvr Communities is collaborating with Incomercial, a leading company in attracting strong brands and retail names for the project’s commercial components.”
He pointed out that Slvr Communities’ growing portfolio includes the mixed-use project RVR in New Cairo, reflecting the company’s commitment to delivering pioneering developments built to world-class standards.
Amr El-Sheikh, Chief Commercial Officer at Slvr Communities, stated that VYBE spans more than 3,500 sqm in the South Academy area, surrounded by key road networks including North and South 90th Streets, Mohamed Naguib Axis, and the Middle Ring Road. He explained that the project features commercial units, administrative offices, and medical clinics, with delivery scheduled for 2029. He added that payment plans start with a 10 percent down payment over up to 8 years, plus a Launch Discount of 10 percent for commercial units and 15 percent for administrative and medical units.
Ahmed Mourad, Marketing Manager at Slvr Communities, said the VYBE project aims to attract premium retail brands, specialized administrative offices, and medical centers, positioning it as a key business and services hub in the Fifth Settlement. He added, “VYBE is not just a place — it’s a complete experience that influences your energy and enhances your positive feelings.” He noted that the launch campaign achieved strong engagement thanks to its bold visual identity and creative concept.
The launch event was attended by company leaders, partners, and real estate figures, celebrating the milestone with special performances.